Avalon Technologies Limited

Avalon Technologies Limited

1,985.15
INR
-12.10
(-0.61%)
19.93EPS
89.90P/E
120.27BMarket Cap
Nov 14Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
98.19
105.62
128.55
144.37
132.62
166.12
239.97
264.43
Basic EPS, GAAP
1.89
3.54
10.44
8.04
4.29
9.62
16.95
20.02
Free Cash Flow per Basic Share
10.07
0.84
2.12
-2.03
2.65
3.8
8.58
- -
Dividend per Share
0.05
0.56
0.58
0.84
0.63
0.79
0.08
- -
Book Value per Share
7.13
9.18
13.35
82.25
83.29
92.44
108.09
- -
Tangible Book Value per Share
7.02
9.06
13.26
81.87
82.97
91.8
107.14
- -
Basic Weighted Avg Shares
65
65
65
65
65
66
67
67
Sales/Revenue/Turnover
6,411
6,896
8,393
9,427
8,651
10,959
15,994
17,643
Operating Margin (%)
7.64
7.73
9.58
9.95
4.79
7.92
8.83
9.5
Depreciation Expense
155
157
172
197
229
286
336
337
Net Income, GAAP
123
231
682
525
280
634
1,129
1,336
Effective Tax Rate (%)
19.41
19.93
21.13
27.77
26.46
26.84
26.49
27.03
Profit Margin (%)
1.92
3.35
8.12
5.57
3.23
5.79
7.06
7.57
Working Capital
-543
4
513
4,677
4,343
4,480
5,215
- -
LT Debt
345
579
524
565
349
295
186
- -
Total Equity
34
282
872
5,370
5,473
6,115
7,217
- -
Return on Invested Capital (%)
- -
16.09
24.26
11.35
3.8
8.62
12.28
- -
Return on Capital (%)
- -
14.02
23.87
11.21
4.59
9.82
14.44
- -
Return on Common Equity (%)
- -
43.34
92.65
16.82
5.16
10.95
16.94
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,844
- -
LT Borrowings
- -
12
- -
LT Finance Leases
- -
174
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
58,494
62,042
120,268

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
10,174
- -
Cash, Cash Equivalents & STI
- -
1,430
- -
Accounts Receivable, Net
- -
3,813
- -
Inventories
- -
4,633
- -
Total Current Liabilities
- -
4,959
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,844
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
151.33%
18.01%
Free Cash Flow
- -
-20.34%
128.24%
Net Income, GAAP
- -
66.07%
78.04%
Sales/Revenue/Turnover
- -
19.68%
45.94%
Total Cash Common Dividend
- -
-8.15%
-89.44%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,995
2,750
2,809
3,428
10,959
2026
3,233
3,825
4,175
4,799
15,994
2027
4,844
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.35
2.65
3.63
3.67
9.62
2026
2.14
3.75
4.89
6.16
16.95
2027
5.22
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.79
2026
- -
- -
- -
- -
0.08
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kunhamed Bicha
Full Time Employees
1,913
Sector
Electronic technology
Industry
Electronic production equipment
Address
B7 & B8, First Main Road Chennai TN India 600045
IPO Date
Apr 18, 2023
Business
Avalon Technologies Limited is a leading Indian electronic manufacturing services (EMS) company specializing in fully integrated end-to-end box build solutions. Founded in 1999 and headquartered in Chennai, Tamil Nadu, the company offers a broad range of products and services including printed circuit board (PCB) design and assembly; cable assemblies and wire harnesses; sheet metal fabrication and machining; magnetics such as transformers, chokes, and inductors; injection molded plastics; and complete electro-mechanical system integration. Avalon caters to diverse industries including industrial, mobility, medical devices, clean energy sectors like solar, electric vehicles, hydrogen, and digital infrastructure for telecommunications. The company serves global original equipment manufacturers (OEMs) in the United States, China, Netherlands, and Japan, leveraging a unique global delivery model to provide advanced full-stack engineering and manufacturing solutions. Avalon recently expanded its capabilities into semiconductor equipment manufacturing through a strategic partnership with a major global player, entering pilot production phase to further scale its box-build offerings. In 2025, Avalon also acquired a 4% stake in Zepco Technologies to strengthen technology collaboration and enhance manufacturing and design synergies. The company has reported strong financial growth with revenue increases driven by project ramp-ups and diversification into high-growth sectors such as 5G communications and semiconductor equipment. Avalon Technologies continues to pursue vertical integration and innovation, maintaining a focus on high-value, precision-engineered electronic systems and components. Its operational expansions include brownfield capacity enhancements and strategic investments to boost its presence in evolving technology-driven industries. The company's product portfolio and recent strategic changes position it as a significant player in the Indian and international EMS markets, emphasizing sustainability and digital transformation in key sectors. This comprehensive product suite and recent business developments highlight Avalon Technologies Limited’s commitment to advancing its manufacturing footprint and technology expertise across industrial and emerging markets globally.